Omeros (Germany) Price on September 19, 2024
| 3O8 Stock | EUR 10.53 0.62 5.56% |
If you're considering investing in Omeros Stock, it is important to understand the factors that can impact its price. As of today, the current price of Omeros stands at 10.53, as last reported on the 1st of December, with the highest price reaching 11.13 and the lowest price hitting 10.53 during the day. Omeros is unstable given 3 months investment horizon. Omeros maintains Sharpe Ratio (i.e., Efficiency) of 0.2, which implies the firm had a 0.2% return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.96% are justified by taking the suggested risk. Use Omeros Semi Deviation of 2.83, coefficient of variation of 505.53, and Risk Adjusted Performance of 0.1604 to evaluate company specific risk that cannot be diversified away.
Omeros Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Omeros |
Sharpe Ratio = 0.1978
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | 3O8 | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 9.91 actual daily | 88 88% of assets are less volatile |
Expected Return
| 1.96 actual daily | 39 61% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Omeros is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Omeros by adding it to a well-diversified portfolio.
Omeros Valuation on September 19, 2024
It is possible to determine the worth of Omeros on a given historical date. On September 19, 2024 Omeros was worth 3.5 at the beginning of the trading date compared to the closed value of 3.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Omeros stock. Still, in general, we apply an absolute valuation method to find Omeros' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Omeros where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Omeros' related companies.
| Open | High | Low | Close | Volume | |
| 3.55 | 3.56 | 3.47 | 3.55 | 1.00 | |
09/19/2024 | 3.50 | 3.89 | 3.50 | 3.57 | 1.00 |
| 3.55 | 3.55 | 3.47 | 3.49 | 1.00 |
| Backtest Omeros | | | Omeros History | | | Omeros Valuation | Previous | Next |
Omeros Trading Date Momentum on September 19, 2024
| On September 20 2024 Omeros was traded for 3.49 at the closing time. The highest daily price throughout the period was 3.55 and the lowest price was 3.47 . There was no trading activity during the period 1.0. Lack of trading volume on 09/20/2024 added to the next day price reduction. The daily price change to closing price of the next trading day was 2.24% . The trading delta at closing time to current closing price is 0.28% . |
Omeros Fundamentals Correlations and Trends
By evaluating Omeros' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Omeros' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Omeros financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Omeros Stock history
Omeros investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Omeros is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Omeros will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Omeros stock prices may prove useful in developing a viable investing in Omeros
Omeros Corporation, a biopharmaceutical company, discovers, develops, and commercializes small-molecule and protein therapeutics, and orphan indications targeting inflammation, complement-mediated diseases, disorders of the central nervous system , and immune-related diseases. The company was incorporated in 1994 and is based in Seattle, Washington. OMEROS CORP operates under Biotechnology classification in Germany and is traded on Frankfurt Stock Exchange. It employs 236 people.
Omeros Stock Technical Analysis
Omeros technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Omeros Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Omeros cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Omeros December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Omeros stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Omeros shares will generate the highest return on investment. By undertsting and applying Omeros stock market strength indicators, traders can identify Omeros entry and exit signals to maximize returns
Omeros Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Omeros' price direction in advance. Along with the technical and fundamental analysis of Omeros Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Omeros to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1604 | |||
| Jensen Alpha | 1.89 | |||
| Total Risk Alpha | 0.2961 | |||
| Sortino Ratio | 0.4642 | |||
| Treynor Ratio | 4.05 |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Omeros Stock analysis
When running Omeros' price analysis, check to measure Omeros' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omeros is operating at the current time. Most of Omeros' value examination focuses on studying past and present price action to predict the probability of Omeros' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omeros' price. Additionally, you may evaluate how the addition of Omeros to your portfolios can decrease your overall portfolio volatility.
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